All posts tagged: imf

Pakistan’s Rulers are Ensnaring the Afghan Taliban in the Trap of International Legitimacy, Even Though It Has Harmed Pakistan Both Politically and Economically

On 23 August 2021, Pakistan’s External Publicity Wing tweeted a statement from Pakistan’s National Security Adviser, Moeed Yusuf, stating, “We have made it absolutely clear that we are with the international community on where this goes.”

Views on the News 22/08/2021

Headlines: Turkey Extols Booming Defence Industry at International Arms Fair Afghanistan Faces Dire Financial Outlook, Warns Former Central Bank Chief Greatest Foreign Policy Humiliation: Trump Turkey Extols Booming Defence Industry at International Arms Fair The TF aircraft being developed by Turkish Aerospace is arguably the jewel in the crown of an industry that is widely […]

President Kais Saied and the Independence of the Political Decision!!

In light of international and regional interventions to influence the Tunisian political scene, especially after the decisions of 25th July 2021, President Kais Saied reiterated his independence at the Carthage Palace on Thursday, 19th August 2021, saying, “These people who talk about the decisions I take based on illusory balances in their heads because they […]

Imran Khan Tries to Hide His Political and Intellectual Slavery to the West by Appreciating Afghan Muslims

Prime Minister Imran Khan on Monday, 16 August 2021, launched the­ Single National Curriculum at a ceremony in Islamabad. He spoke about how cultural imposition is tantamount to ‘mental slavery,’ saying that Afghans had “broken the shackles of slavery.” His comments came as the Taliban effectively took control of Afghanistan, after days of rapid advances […]

As Long as the Pakistani Rupee is Not Linked to Gold and Silver, It Will Continue to be Devalued, Drowning Us in Back-Breaking Inflation

The Pakistani rupee has been depreciating rapidly over the past month. On 10 July, 2021, one dollar was selling at Rs. 155.92, whilst on 5 August 2021, one dollar was selling at Rs. 163.41. Thus, in less than a month, the rupee has lost Rs 7.49, or 4.8 per cent, of its value against the […]

Under Capitalism, Whether the GDP Goes Up or Down, the Conditions of the People Go from Bad to Worse, Deprived of Substantial Local Industry

On 28 July 2021, the economic advisory wing of the finance ministry declared in its Monthly Economic Outlook (MEO) for July that, “In the transition towards a higher potential growth level, pressure can be built on external accounts, calling for close monitoring to ensure that the new growth strategy is sustainable.”

The Muslims of Karachi are Forced to Choose between Hunger and the Virus, Due to Democratic Rulers

On 30th July 2021, the Chief Minister of Sindh, Pakistan imposed a strict lockdown in Karachi, Pakistan, the most populated Muslim city in the world, claiming it to be done for controlling the spread of the coronavirus. Along with imposing a ban on pillion motorcycle riding and shutting down markets, the rulers also limited time […]

The Decision to Raise the Price of the Dollar is the recipe of the World Bank to Achieve its Goals of Increasing Poverty and Crushing the People in Yemen

On Monday, 26/7/2021, a senior official in the government of Maeen Abdul Malik was cited by the Reuter’s report, that he had decided to raise the price of the customs dollar from 250 riyals to 500 riyals, an increase of 100% in an attempt to support the deteriorating public treasury. This does not apply to […]

The Houthis Have Taken the World Bank as a Backing for Them to Achieve Economic Independence!

In a step that is not new, the World Bank announced on 07/01/2021 its approval to provide an additional grant to the Salvation Government in Sana’a, which was amounting to 150 million dollars – according to what was reported by Mareb Press – within the framework of grants provided by the World Bank throughout the […]

This is How the Houthis Allowed America to Use the Economic Card

On Saturday, 03/07/2021, the government’s daily newspaper, Al-Thawra, conducted a lengthy interview with Hashim Ismail, Governor of the Central Bank of Sana’a and Chairman of the Supreme Economic Committee. This interview took place after the press conference held by Hashim Ismail, on the occasion of the Central Bank in Aden’s printing of huge amounts of […]

Talking about Empowering Women is a Continuation of their Oppression and Taking Away their Rights

Prime Minister Abdalla Hamdok renewed the transitional government’s commitment to empowering women politically and economically and enhancing their participation in public life, pointing to their leading role in the glorious December revolution. This came when he met in the Council of Ministers, with Women of Sudan, in order to reflect on the Prime Minister’s initiative […]

Western Idea and its Policies are Cause for Refugee Crisis – Islam is the Only Salvation

As we entered 2021, there were 82.4 million people around the world displaced by conflict or persecution. Thirty million of those are refugees, the rest are displaced within their own country (48 million) or asylum-seekers (4.1 million), according to UNHCR’s latest report. Nearly half of these forcibly displaced people are children. [Al Jazeera, 20 Jun […]

Pakistan: Campaign: “Khilafah will Liberate Pakistan from the Destructive Policies of the IMF”

Hizb ut Tahrir / Wilayah Pakistan organized a massive campaign on (social) media sites entitled, “Khilafah will Liberate Pakistan from the Destructive Policies of the IMF” in response to the budget presented by the rulers of Pakistan. A Twitter Storm took place to expose the harmful policies that are dictated by the IMF. These policies […]

The West is Approaching its Limit but Islam Is Returning

A hundred years ago, the West imagined that they had finally defeated Islam by bringing an end to the Khilafah (Caliphate) State that had continued uninterrupted from the time of the Prophet (saw). In the decades that followed, the West cemented their victory over Muslims, implementing Western systems of government, enforcing the European Westphalian nation-state […]

Yemen Between the Lies of Al-Houthi’s Promise of Economic Prosperity And the Destruction of the Hadi Government’s Printing of Paper Money Without Gold Coverage

On Thursday, 24/6/2021, Al-Thawra Daily Newspaper in Sana’a published a press conference held by the Governor of the Central Bank in Sana’a, Hashim Ismail Ali, on Wednesday 23/6/2021. The governor of the bank complained that the central bank in Aden had printed a new local currency, the Riyal, amounting to one trillion Riyals, bringing the […]

The Transitional Government Abolishes Customs Dollar,Continuing to Implement the Policies of its Masters as a Strain on the People of Sudan

On Tuesday, 22/6/2021, the Transitional Government abolished its customs dollar exchange rate which is used to evaluate imported goods. Under the decision, importers must pay the value of goods and commodities to customs at the current exchange rate of 430 Sudanese pounds to one dollar, whereas previously the calculation was made on the basis of […]

Hizb ut Tahrir / Wilayah Sudan: Press Report 20/06/2021

A continuation of the public events held by Hizb ut Tahrir / Wilayah Sudan in the various regions and districts of the country to create an aware public opinion of the provisions of Islam and its solutions related to the miserable conditions and the difficult living conditions that people suffer from as a result of […]

Fuel Prices Doubled, as Happened – and will Get Worse – on all Basic CommoditiesPursuing Towards the Hegemony of International Institutions!!

With the absence of authority in all its names; the presidency, the government and the representatives, from the conditions of the people, and their failure to perform their duties, the price of gasoline rises from about 20,000 Lebanese pounds to exceed 44,000 pounds per tank, and the diesel fuel tank rises from 16,000 pounds, to […]

Whether there is Commotion or Calm in the National Assembly, Both the Rulers and the Opposition Submit to the IMF

After a few days of commotion, which was denounced by the mouthpieces of the Pakistan’s rulers as a disrespect of democracy, an orderly series of speeches by the government and the opposition resumed, during the budgetary session of parliament. However, whether there is commotion or calm in the National Assembly, the current budget is nothing […]

Taxation under the Capitalist Economic System is Oppressively Regressive, Breaking the Backs of the Needy and Indebted

The revenue target for the next financial year, 2021-22, is targeted at Rs. 5.829 trillion, compared to Rs 4.691 trillion for the closing financial year, 2020-21, showing an overall increase of Rs1.138tr (24 percent). This is whilst the IMF has set a target of Rs 10 trillion for 2024-2025.

The So-Called “People’s Budget” Will Neither End Our Economic Misery, Nor Fund the Liberation of Occupied Muslim Lands

The so-called “people’s budget” will fail to end our economic misery because the rulers are solely focused on getting IMF concessions, in exchange for abandoning Occupied Kashmir to Modi and maintaining the US regional security footprint, after America’s humiliating withdrawal from Afghanistan. The so-called “people’s budget” spends more than half of the collected taxes on […]

Pakistan’s Rulers Mercilessly Tax the Poor and the Indebted to Fill the Pockets of Those Who Peddle in the Sin of Interest

On 11 June 2021, in their budget announcement, Pakistan’s rulers made great fanfare of reducing taxation on certain sectors and increasing the salaries of government employees. Then, within days, the mouthpieces of the rulers made an even greater fanfare, through every platform available to them. However, in the same budget, Pakistan’s rulers increased overall taxation […]

Budgets Reading: Annual Governmental Punishment on the Ordinary Citizens

On Thursday, 10th June 2021, the Cabinet Secretary for Treasury Ukur Yatani tabled the Ksh.3.632 Trillion spending plan for FY2021/2022. The Budget seen has the largest in Kenya’s history with a deficit of about Ksh 1.2 Trillion. The Ksh 1.97 Trillion of the budget will be collected through taxation while Ksh.1.63 coming from Loans and […]